Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - CESifo - 2013
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic … salient perturbations, we propose a strategic foundation of overconfidence. Since overconfident statements are used in … familiar situations in which it is strategically effective, it may also occur in the absence of strategic benefits, provided …